Lululemon names first female CFO

Lululemon Athletica Inc. is getting a new finance head.

The company has promoted Meghan Frank to CFO, effective Nov. 23, making her the first female to serve in the post at the athletic apparel company. Frank joined Lululemon in 2016 as senior VP of financial planning and analysis and, since April, has served as interim co-CFO. 

Previously, Frank held senior roles at Ross Stores and J.Crew, where she served for nearly a decade. 

“Meghan has a unique and comprehensive understanding of retail gained through her experience across finance and merchandise planning,” said Calvin McDonald, CEO. “Earlier this year, when we started to navigate the COVID-19 environment, Meghan confidently took on more responsibility within the company and demonstrated agility, business acumen, and natural leadership skills.”